Sec. 12. A municipal corporation may issue the corporation's general obligation bonds to procure funds to pay the cost of acquisition of real property. The bonds must be authorized, issued, and sold in accordance with IC 6-1.1-20.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-12.]
As added by P.L.1-2005, SEC.49. Amended by P.L.42-2018, SEC.57.